Summary by Futu AI
Jim C. Walton, a reporting person associated with Walmart Inc. [WMT], has engaged in a series of stock transactions. On June 13, 2024, Walton sold 750,000 shares of Walmart common stock at a price of $66.5224 per share. The following day, on June 14, 2024, he sold an additional 1,244,347 shares at a slightly higher price of $66.63 each. These transactions are part of an ongoing sale process, with a total of 1,994,347 shares disposed of between the two dates. The total market value of the disposed shares amounts to approximately $132.8 million. After these transactions, Walton's indirectly held shares, owned through a trust, amount to 3,002,673,393. Walton also directly holds 31,521,372 shares of Walmart common stock. The sales are reported as open market or private sales and are currently in progress.